Improved sales to new listings ratio reduces inventory gains After the fifth consecutive monthly benchmark price decline in Calgary, the number of new home listings eased to 3,064 units in April, a decrease of 18 per cent over the previous year. “With fewer buyers making purchase decisions and improved selection for resale, new home and… [Read More]
Real Estate stats March 2015
Inventory gains influence housing prices First quarter activity reflects economic uncertainty Elevated inventory levels and low sales for three consecutive months caused unadjusted benchmark prices to ease by 0.44 per cent in March, relative to the previous month, for a total of $454,300. Based on first quarter statistics, conditions are consistent with buyers’ market conditions…. [Read More]
Real Estate stats February 2015
Consumer confidence impacting demand Calgary sales in January totaled 880 units, well below typical activity Low oil prices throughout January, combined with a shifting outlook in the energy sector, caused unease for consumers. As a result, monthly housing sales activity fell to levels not seen in five years. “Economic conditions this year are expected to… [Read More]
Real Estate stats January 2015
Calgary sales in January totaled 880 units, well below typical activity Low oil prices throughout January, combined with a shifting outlook in the energy sector, caused unease for consumers. As a result, monthly housing sales activity fell to levels not seen in five years. “Economic conditions this year are expected to be weaker than original… [Read More]
Real Estate stats December 2014
Yearly records set as monthly sales see slight decline Condominium and townhouse sales set a new record for 2014 Calgary January 2 – It was a record setting year for Calgary’s condominium apartment and townhouse sectors, as sales reached new annual highs despite year-over-year residential sales declines of 7.5 per cent in December. Single family… [Read More]
Real Estate stats November 2014
Housing market expected to be stable in 2015 While the recent drop in oil prices has caused speculation about implications for the housing sector, stable conditions are expected given current forecasts for employment and migration. “While employment and migration are expected to support housing demand, estimates could change depending on the extent and duration of… [Read More]
Real estate stats October 2014
Calgary, Nov. 3, 2014 – Continued double-digit gains in the condominium apartment sector helped to fuel a 10 per cent increase in Calgary’s residential resale housing market in October. Overall sales for the month totaled 2,147 units, compared with 1,948 during the same period last year. “Two consecutive years of relatively strong employment and population growth, combined with rising… [Read More]
Real estate stats September 2014
Calgary, Oct. 1, 2014 – Calgary’s condo sectors continue to set the pace for the city’s residential resale housing market, which recorded 2,148 sales in September, nearly 12 per cent higher than the same period last year. “September’s sales growth was stronger than expected, due largely to a surge in condominium apartment and townhouse sales,”… [Read More]
Real estate stats August 2014
Condominium sales set a new record for August activity Sales Activity improves for condominium product, while declining in the single-family sector Calgary September 2, 2014 – Strong gains in Calgary’s condominium apartment and townhouse sectors sparked a 3.4 per cent year-over-year growth in residential resale housing sales activity for August. A total of 2,267 units… [Read More]
Real estate stats July 2014
Growth in new listings outpace sales growth in July, supporting double-digit inventory gains Calgary, Aug. 1, 2014 – Residential sales this month totaled 2,336 units, a record level for July activity. However, year-over-year sales growth slowed to 3.18 per cent. “While July’s sales growth seems like a dramatic departure from the double-digit gains recorded in… [Read More]
Real estate stats June 2014
Calgary, July 2, 2014 – Residential sales and listings in Calgary increased by double-digit rates in June compared to the same time last year. This increase is partly due to the floods impacting housing activity throughout the second half of June 2013. “Last June was not a normal month, so it’s difficult to compare the two,” said CREB®… [Read More]
Real estate stats May 2014
Sales improve as consumers have more choice City-wide price gains and better weather support year-over-year gains in new listings Calgary, June 2, 2014 – Residential sales in the city of Calgary totaled 2,948 units in May, a 16 per cent increase over the previous year. Sales last month were well above long-term trends and are the highest… [Read More]
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